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Orocobre Limited is an other industrial metals & mining business based in Australia. Orocobre shares (ORE) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Orocobre has a trailing 12-month revenue of around $77.1 million.
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Since the stock market crash in March caused by coronavirus, Orocobre's share price has had significant negative movement.
Its last market close was $2.71, which is 21.45% down on its pre-crash value of $3.45 and 47.68% up on the lowest point reached during the March crash when the shares fell as low as $1.835.
If you had bought $1,000 worth of Orocobre shares at the start of February 2020, those shares would have been worth $659.10 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $879.88.
52-week range | $1.825 - $5.25 |
---|---|
50-day moving average | $4.2736 |
200-day moving average | $3.1403 |
Target price | $4.13 |
PE ratio | 37.4126 |
Dividend yield | N/A (0%) |
Earnings per share (TTM) | $0.06 |
Standard brokerage - Australian shares
Competitive broker fees on Australian and international shares
Important: Share trading carries risk of capital loss.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the close of A$2.71 on 2020-10-22
1 week (2021-01-08) | -45.80% |
---|---|
1 month (2020-12-16) | -35.01% |
3 months (2020-10-16) | 2.26% |
6 months (2020-07-16) | -0.37% |
1 year (2020-01-16) | -24.30% |
---|---|
2 years (2019-01-16) | -16.62% |
3 years (2018-01-15) | -62.05% |
5 years (2016-01-15) | 13.38% |
Valuing Orocobre stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Orocobre's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Orocobre's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 37x. In other words, Orocobre shares trade at around 37x recent earnings.
That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Orocobre's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $16.1 million (£0.0 million).
The EBITDA is a measure of a Orocobre's overall financial performance and is widely used to measure a its profitability.
Revenue TTM | $77.1 million |
---|---|
Gross profit TTM | $5.3 million |
Return on assets TTM | -1.99% |
Return on equity TTM | -9.42% |
Profit margin | -67.45% |
Book value | 2.174 |
Market capitalisation | $1.7 billion |
TTM: trailing 12 months
We're not expecting Orocobre to pay a dividend over the next 12 months.
Orocobre's shares were split on 28 May 2009.
Over the last 12 months, Orocobre's shares have ranged in value from as little as $1.825 up to $5.25. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Orocobre's is 1.5981. This would suggest that Orocobre's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Orocobre Limited engages in the exploration, development, and production of lithium in Argentina. The company's flagship project is the Olaroz Lithium Facility located in the Jujuy province of northern Argentina. It also operates two open pit mines situated in Tincalayu and Sijes producing minerals, refined products, and boric acid. In addition, the company owns 100% Cauchari Lithium Project. Orocobre Limited was incorporated in 2005 and is based in Brisbane, Australia.
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